05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
Ethanol & DDGS Production – Daily DDGS output increases by 4%, hits 3rd highest rate as ethanol production increases
According to the EIA’s Weekly Petroleum Status Report, ethanol production hit its third highest level last week, reaching a daily average of 993,000 b/d for the week ending 12/4. Production was up 4% from the week prior. Stocks narrowed, dropping by 168,000 barrels. Gasoline demand increased by 139,000 b/d and ethanol imports dropped back to…